OSB Group (LON:OSB) Hits New 1-Year Low - Should You Sell?

Key Points

• OSB Group shares fell to a new 52-week low of GBX 470.80, below the 50-day and 200-day moving averages, giving the company a market capitalization of approximately £1.59 billion.
• Analyst sentiment remains generally positive despite the decline: OSB has a consensus “Moderate Buy” rating and an average price target of GBX 665.80, although Deutsche Bank reduced its target to GBX 615 and maintained a “Hold” rating.
• The company reported quarterly EPS of GBX 38.80, with a 13.06% return on equity and 15.38% net margin. Insider activity was mixed, with one insider selling shares worth about £1.08 million while another purchased £50,500 worth of stock.

OSB Group Plc (LON:OSB - Get Free Report)'s stock price hit a new 52-week low on Tuesday. The company traded as low as GBX 470.80 and last traded at GBX 471, with a volume of 367,916 shares. The stock had previously closed at GBX 482.

Analyst Ratings Changes

Several research firms have issued reports on OSB. Deutsche Bank Aktiengesellschaft dropped their price target on OSB Group from GBX 660 to GBX 615 and set a "hold" rating on the stock in a report on Friday, August 21st. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 750 price objective on shares of OSB Group in a research note on Tuesday, September 1st. Finally, Jefferies Financial Group restated a "buy" rating and issued a GBX 720 target price on shares of OSB Group in a report on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 665.80.

OSB Group Price Performance

The firm has a market cap of £1.59 billion, a PE ratio of 6.31 and a beta of 1.05. The business has a fifty day moving average price of GBX 505.47 and a two-hundred day moving average price of GBX 521.08.

OSB Group (LON:OSB - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported GBX 38.80 earnings per share (EPS) for the quarter. OSB Group had a return on equity of 13.06% and a net margin of 15.38%. As a group, sell-side analysts forecast that OSB Group Plc will post 85.12 EPS for the current fiscal year.

Insider Buying and Selling

In other OSB Group news, insider Enrique Alvarez Labiano sold 212,494 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of GBX 507, for a total value of £1,077,344.58. Also, insider Simon Walker bought 10,000 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of GBX 505 per share, with a total value of £50,500. 0.63% of the stock is owned by corporate insiders.

About OSB Group

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services. The company also provides buy-to-let and specialist residential mortgages, mortgage servicing, administration and analytical, mortgage originator and servicer, and retail savings products; and back office processing services.

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